Time is proving both Pat Buchanan and Ross Perot, right.
The Free Traders still cling to Al Gore over Ross Perot. Who can forget that Larry King show where Al Gore was pushing Free Trade and NAFTA...while Perot was arguing against
Free Traders went with Al Gore.
Just as Al Gore was wrong on Global Warming...he is just as wrong on Free Trade
“Free Traders went with Al Gore.”
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Bears repeating.
One of the greatest contributions the United States can make to the world is to promote freedom as the key to economic growth. A creative, competitive America is the answer to a changing world, not trade wars that would close doors, create greater barriers, and destroy millions of jobs. We should always remember: Protectionism is destructionism. America's jobs, America's growth, America's future depend on trade—trade that is free, open, and fair.Oops, did I say that was Al Gore? I meant Ronald Reagan.This year, we have it within our power to take a major step toward a growing global economy and an expanding cycle of prosperity that reaches to all the free nations of this Earth. I'm speaking of the historic free trade agreement negotiated between our country and Canada. And I can also tell you that we're determined to expand this concept, south as well as north. Next month I will be traveling to Mexico, where trade matters will be of foremost concern. And over the next several months, our Congress and the Canadian Parliament can make the start of such a North American accord a reality. Our goal must be a day when the free flow of trade, from the tip of Tierra del Fuego to the Arctic Circle, unites the people of the Western Hemisphere in a bond of mutually beneficial exchange, when all borders become what the U.S.-Canadian border so long has been: a meeting place rather than a dividing line.
--Al Gore
What exactly is the definition of a trade deficit?
Have you ever heard of mercantilism?
Medieval economics?